	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,548	£35,066	£35,592	£36,482	£37,394	£179,083
Total Expenses	£27,334	£27,436	£27,529	£27,660	£27,794	£137,753
Profit Before Tax	£7,214	£7,631	£8,063	£8,822	£9,600	£41,330
Profit After Tax	£5,844	£6,181	£6,531	£7,146	£7,776	£33,477
Change In Property Value	£7	£13,600	£24,276	£32,305	£22,506	£92,694
Net Return	£5,850	£19,781	£30,807	£39,451	£30,282	£126,171
Return From Rental Income (%)	3%	3%	3%	3%	3%	15%
Total Net Return (%)	3%	9%	14%	17%	13%	56%